Since the dot-com boom of the late 1990s, online mortgage companies have become an increasingly significant force in the home loan industry. Leading the charge is Quicken Loans, now the largest retail mortgage lender in the country. , Does the growth of players like Quicken Loans, which offers an automated approval process through its Rocket Mortgage platform, mean web-based firms have more to offer than your community bank down the street? Not necessarily. Where you go for a loan is largely a matter of what’s comfortable for you—and where you can get the best rates.

, When you’re applying for a mortgage, providing adequate documentation for a mortgage application can feel like an intimidating process. Depending on the situation, it could take you weeks to track down all the necessary documents and get them to your lender, only to be asked for more documentation. If you can’t get your documents submitted in a timely manner, it can seriously slow down the mortgage approval process. (Fortunately, Rocket Mortgage® by Quicken Loans makes the documentation process easy by allowing you to automatically share your financial information, speeding up the process and cutting down on the amount of paperwork you need to provide.)

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